Author: NBTC
Ronin Bounties offer exclusive quests in Ronin Wallet with rewards, including AXS tokens and Nightmare Axies, for beta testers. The beta phase allows select users to test the new Ronin Bounties feature before a wider rollout planned for 2025. Sky Mavis has officially unveiled Ronin Bounties, a new feature under the Ronin Wallet that allows users to complete quests for actual rewards. Currently live for Ronin Wallet version 2.6.0 Android users, as well as version 2.2.1 Browser Extension users, is this creative innovation. Sky Mavis’s statement states that closed beta access to the first set of rewards will be pushed…
India has shown serious intent to develop a regulatory framework for virtual digital assets (VDAs); otherwise, cryptocurrency. The move comes in the backdrop of the surging popularity of crypto assets and their potential impact on the financial system. The government is aiming to strike a balance between innovation, protecting investors, and safeguarding the nation’s economic stability. Recognizing the global appeal of VDAs, India is advocating for international collaboration to establish effective regulations and prevent regulatory arbitrage. This effort is being shaped by both domestic considerations and global regulatory trends. BREAKING: 🇮🇳 Crypto regulation discussed in parliament: 🧵1⃣ Comprehensive Framework: The…
The developer behind wholesome Telegram game Farm Frens and the upcoming Everseed tower defense game has set its token launch and airdrop on Ethereum layer-2 network Base for next month. The studio also announced that it plans to bring the farming title closer to the world of Everseed as the token launches across the two games. For months, gamers have been tapping away at the Farm Frens mini app on Telegram, tending to their land in a FarmVille-like spin on the tap-to-earn genre. As is the case with most games in this sector, players have mostly been doing this with…
WazirX is moving assets between cold wallets to secure user funds and prepare for final distribution. A Binance-linked wallet recently sent $200 million to a WazirX wallet, sparking speculation that Binance may assist with repayment. After months of silence following a massive $230 million hack in July 2024, WazirX, one of India’s leading cryptocurrency exchanges, has caught the attention of the crypto community with unusual wallet activity. According to the on-chain data, funds have been moving between wallets, and buying activity involving tokens like ETH, SHIB, PEPE, and LINK has raised speculation about a potential recovery plan. WazirX clarified that…
Michael Saylor, the executive chairman of business intelligence firm MicroStrategy, has urged the U.S. government to ditch gold in favor of Bitcoin. “Dump your gold. Sell all the US gold and buy Bitcoin. You will demonetize the entire gold asset class. And our enemies hold gold in their banks, so their assets would go to zero. Our assets would go to $100 trillion,” Saylor recently told Yahoo Finance. Saylor previously described gold as an “antiquated” store of value that peaked in the 19th century. “It’s not working. You can see that it’s not working. And the reason it doesn’t work…
Ethereum whale dominance is at the peak and it’s hard to ignore what this could mean for the future. It is highest in history so far. While smaller investors hold less than ever, whales are quietly accumulating more ETH. Is this a sign of another bull run, or something else entirely? Whales Are in Control As of now, 104 wallets hold over 100,000 ETH each. That’s 57.35% of Ethereum’s total supply, the highest level ever recorded. While these massive wallets grow in power, mid-sized investors (those holding between 100 and 100,000 ETH) now control just 33.46%, the lowest share in…
When you’re a heroic billionaire who helped finance the most controversial tech acquisition of the decade, you might want to remind people about it. Changpeng “CZ” Zhao, founder and former CEO of Binance, did exactly that. He posted a screenshot, showing an article about Binance throwing in $500 million to help Elon Musk buy Twitter (now X), and captioned it with a confident, “Happy to have contributed to the cause.” The response from Elon was: “Thanks!” The $44 billion journey: From shareholder to owner Elon’s road to owning Twitter was anything but smooth. It started in April 2022, when Elon…
XRP saw its price jump 21% over the last seven days and 13% over the last 24 hours, trading at $2.69 as of press time—just as the Ripple USD (RLUSD) stablecoin launches on the network. XRP was launched by the co-founders of Ripple Labs in 2012, but the company has gone to great lengths to stress that it is not the issuer of the token. Still, crypto traders know there’s a link and tend to consider good news for Ripple Labs, like its new stablecoin being approved by New York regulators, as an indicator that the XRP price will go…
Donald Trump unveils an aggressive plan to slash 10 regulations for every new one, promising unprecedented deregulation to spur jobs, innovation, and economic growth. Regulation Overhaul: Trump’s Ambitious 10-for-1 Cut Strategy Explained U.S. President-elect Donald Trump is gearing up to initiate sweeping regulatory reforms across numerous industries, promising significant changes aimed at boosting economic growth. Speaking on Monday, Trump emphasized his administration’s commitment to reducing regulations he described as harmful to job growth, outlining a bold regulatory approach. He stated: Already preparations are underway to slash massive numbers of job-killing regulations, eliminating 10 old regulations for every new one. You…
The U.S. Treasury Department recently likened Bitcoin to “digital gold,” emphasizing its primary use case as a store of value in the decentralized finance (DeFi) ecosystem. The statements come at a time when digital assets continue to grow steadily, with interest in both cryptocurrencies such as Bitcoin and Ethereum, as well as stablecoins. The Treasury Department acknowledged in its report that digital assets are growing rapidly, but noted that this growth is coming from a relatively small base. The report said, “Digital assets have witnessed rapid growth, albeit from a small base.” However, according to the report, the market value…